Fraport continues to invest in new sources of renewable energy and has signed a new power purchase agreement (PPA) with Centrica Energy Trading A/S to procure more wind power.
Under an initial 5-year contract, the European energy services and solutions provider will start providing Frankfurt Airport with annual wind energy volumes of around 63 gigawatt hours in July.
Fraport, which has expressed ruling out the use of offsetting measures in its climate protection strategy, is looking at shifting its energy mix and has planned a 2026 target to convert to renewable energy sources. The airport group said the new PPA with Centrica will supplement a similar ‘smaller’ one signed in 2021, under which Fraport purchased wind energy for the first time.
It added that the use of solar and wind energy will contribute to lowering the company’s carbon emissions at Frankfurt Airport to 50,000 metric tonnes by 2030. This represents a 78 percent reduction over 1990 levels, the base year under international climate agreements.